Rocket Companies RKT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | ||||||
| Direct to Consumer | $2.23B+9.9% | $2.03B+108% | $975.27M-5.3% | $1.03B+29.9% | $793M-46.6% | |
| Partner Network | $300M+25.8% | $238.55M+42.4% | $167.54M+13.0% | $148.21M+3.6% | $143M+5.9% | |
| Other income by Business | ||||||
| Direct to Consumer | $95M-74.3% | $369.58M+122% | $166.73M+15.8% | $144.04M+182% | $51M-66.4% | |
| Partner Network | $9M+3.0% | $8.74M+30.2% | $6.71M+5.7% | $6.35M+26.9% | $5M-20.2% | |
| Gain (Loss) on Sales of Loans, Net by Business | ||||||
| Direct to Consumer | $1.16B+22.9% | $945.85M+10.4% | $856.49M+28.2% | $668.13M+1.2% | $660M+13.8% | |
| Partner Network | $187M-13.7% | $216.73M+48.2% | $146.25M+15.9% | $126.22M+31.5% | $96M-18.9% | |
| Contribution margin by Business | ||||||
| Direct to Consumer | $1.15B+35.0% | $849.81M+81.2% | $468.87M+27.6% | $367.49M-9.7% | $407M+8.3% | |
| Partner Network | $144M-3.9% | $149.86M+56.1% | $96.02M+15.1% | $83.43M+46.4% | $57M-26.0% | |
| Expense, Directly Attributable To Adjusted Revenue by Business | ||||||
| Direct to Consumer | $962M+4.0% | $925.35M+35.3% | $683.75M+6.4% | $642.79M-0.3% | $645M+22.2% | |
| Partner Network | $156M+75.9% | $88.7M+24.0% | $71.52M+10.4% | $64.78M-24.7% | $86M+48.4% | |
| Interest Income by Business | ||||||
| Direct to Consumer | $376M+236% | $111.87M+52.3% | $73.46M+14.2% | $64.32M-50.9% | $131M+131% | |
| Partner Network | $104M+120% | $47.22M-8.9% | $51.86M-12.4% | $59.19M+40.9% | $42M-9.2% | |
| Servicing fee income by Business | ||||||
| Direct to Consumer | $1.08B-1.7% | $1.1B+167% | $410.83M+2.7% | $399.99M0.0% | $400M+3.6% | |
| Partner Network | $0— | $0— | $0— | $0— | $0— | |
| Salaries, commissions and team member benefits by Business | ||||||
| Direct to Consumer | $396M-6.5% | $423.45M+23.0% | $344.29M+24.0% | $277.59M-2.3% | $284M+9.3% | |
| Partner Network | $56M-23.7% | $73.43M+21.2% | $60.57M+13.9% | $53.2M+13.2% | $47M-3.4% | |
| Other expenses by Business | ||||||
| Direct to Consumer | $64M-46.2% | $118.95M+122% | $53.57M+24.6% | $43.01M+22.9% | $35M-20.1% | |
| Partner Network | $1M-69.3% | $3.26M+16.0% | $2.81M+11.0% | $2.53M+26.6% | $2M-25.2% | |
| General and administrative expenses by Business | ||||||
| Direct to Consumer | $168M+7.2% | $156.69M+62.2% | $96.62M+1.3% | $95.37M+22.3% | $78M+21.8% | |
| Partner Network | $31M+219% | $9.72M+61.8% | $6.01M-8.1% | $6.53M+30.7% | $5M+2.9% | |
| Marketing and advertising expenses by Business | ||||||
| Direct to Consumer | $195M+20.9% | $161.26M-14.8% | $189.27M-16.6% | $226.81M+6.5% | $213M+33.0% | |
| Partner Network | $4M+74.8% | $2.29M+6.9% | $2.14M-15.1% | $2.52M-16.0% | $3M+70.3% | |
| Interest Expense by Business | ||||||
| Direct to Consumer | $139M— | —— | —— | —— | $35M— | |
| Partner Network | $64M— | —— | —— | —— | $29M— | |
| Mortgage Servicing Rights (MSR), Change In Fair Value by Business | ||||||
| Direct to Consumer | $485M+20.5% | $402.41M-16.1% | $479.52M+141% | $198.89M-55.7% | $449M— | |
| Partner Network | $0— | $0— | $0— | $0— | $0— | |
| Revenue by Product | ||||||
| Appraisal Revenue | $11M+3.1% | $10.67M-6.3% | $11.39M+9.4% | $10.41M+15.6% | $9M+6.5% | |
| Closing Fees | $49M+4.0% | $47.12M+32.8% | $35.47M+10.9% | $31.98M+33.3% | $24M-22.4% | |
| License | $42M— | —— | —— | —— | $0— | |
| Real Estate Brokerage | $138M-15.8% | $163.83M-7.5% | $177.17M— | $0— | $0— | |
| Real Estate Exchange Revenue | $15M— | —— | —— | —— | $0— | |
| Real Estate Partner Revenue | $9M— | —— | $20.45M— | —— | $10M— | |
| Subscription Revenue | $103M+12.8% | $91.32M+3.5% | $88.26M+1.6% | $86.9M+2.2% | $85M+13.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Rocket Companies break its business down?
- Rocket Companies (RKT) reports revenues, net of interest expense by business across 2 parts — Direct to Consumer and Partner Network. Each is extracted from the segment footnotes and tracked over time.
- Where does Rocket Companies's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Rocket Companies's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
